HAMP Repeal and Deficit Reduction Act of 2011

Summary

HAMP Repeal and Deficit Reduction Act of 2011 - Prohibits the Secretary of the Treasury from providing any assistance on behalf of any homeowner under the Home Affordable Modification Program (HAMP) under the Making Home Affordable initiative, authorized under the Emergency Economic Stabilization Act of 2008, unless before the enactment of this Act the homeowner was extended an offer to participate in such Program on a trial or permanent basis. Nullifies and terminates all contracts between the Secretary and mortgage servicers under HAMP, except with respect to such homeowners. Provides for use of unobligated HAMP funds for reducing the federal debt.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 25 January 2011

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 25 January 2011

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 January 2011

   Introduced

   Introduced in House

   Source: IntroReferral

4. 23 March 2011

   Referred

   Referred to the Subcommittee on Insurance, Housing and Community Opportunity.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 25 January 2011 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 25 January 2011

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 25 January 2011

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 25 January 2011

  Open at official source

Sponsors

• Jim Jordan · R · Sponsor
• Rep. Issa, Darrell [R-CA-48] · R · Sponsor
• Patrick McHenry · R · Sponsor
• Dennis Ross · R · Cosponsor
• Rep. Burton, Dan [R-IN-6] · R · Cosponsor
• · hsba00 · Standing

Related records

No cross-record relationships stored yet.